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News and information relating to new pension scheme which is also known as national pension system

What are the types of funds available in NPS?

NPS offers two accounts: Tier-I and Tier-II accounts. Tier-I is a mandatory account and Tier-II is voluntary. The big difference between the two is on withdrawal of money invested in them.

What are the tax benefits of investing in NPS?

An employee’s own contribution is eligible for a tax deduction --up to 10 per cent of the salary (basic plus DA) – under Section 80CCD(1) of the Income Tax Act within the overall ceiling of Rs 1.5…

NPS Withdrawal Rules Changed: Ten Things To Know

Recently, the pension fund regulator PFRDA allowed the NPS (National Pension System) subscribers to withdraw the money for purposes that include higher education and investment in new business.

New NPS Subscriber Registration Form

New NPS Subscriber Registration Form - Pension Fund Regulatory and Development Authority prescribes New NPS Subscriber Registration Form – Additional Mandatory Requirements